Prudent Place Profit Final Review
18th March 2015
Sgt Short – Reviews Prudent Place Profit
Another disappointment unfortunately. Once again the figures do not come anywhere near the claimed previous results. I was looking forward to this one since place-laying always seems like an attractive option if you can get it right, and according to all the figures on the web site they had.
A lot was made about the relative merits of betting to a fixed stake or a fixed liability, so we recorded results for both. The fixed liability went straight into the red and never crossed the line into profit. The fixed stake was a bit up and down, and managed to show a very small profit at week 8, therefore we continued. This decision seemed to be vindicated when we had a very good week 9, with winning lays at 1.13, 1.19 and 1.27 to nearly bring the liability method into profit, but it was not to be. Weeks 10 and 11 were awful and week 12 flat.
We made 183 bets and won 68, a strike rate of 37.16%. We bet around the same overall on the two methods, about £1,800.00. We lost £60.70 at fixed stakes or £217.85 at fixed liabilities. Not a disaster, and perhaps we may have recovered, but again we were led to expect so much more. As an overall loser the only conclusion is failed.
Thank you for your time and I hope you enjoy the review.